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Blockchain Forensics and Crypto-Related Cybercrimes

By: Lin William Cong, Kim Grauer, Daniel Rabetti and Henry Updegrave
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    Abstract

    This handbook provides an overview of various criminal activities related to cryptocurrencies, including investment scams, Ponzi schemes, rug pulls, ransomware attacks, money laundering, and darknet markets. We discuss the need for user protection and education, centralized entities and regulators' efforts to prevent scams, and the use of blockchain forensic techniques to investigate and curb cybercrimes such as ransomware attacks and money laundering. We also go beyond blockchain and access how other statistical analyses of crypto-related data emerge as a powerful tool to examine wash trading and tax evasion. Despite some success by authorities in shutting down cybercriminal activities, using cryptocurrencies and other technologies makes it challenging to identify and prosecute those involved in illicit activities, and increased collaboration between law enforcement agencies and the technology industry is needed. This handbook is an ongoing effort by the authors to provide an overall anatomy of cybercrime and potential solutions in the crypto space.

    Keywords

    Cyberattacks; Blockchain; Network; Cryptocurrency; Crime and Corruption; Cybersecurity; Governing Rules, Regulations, and Reforms; Law Enforcement; Technology Adoption

    Citation

    Cong, Lin William, Kim Grauer, Daniel Rabetti, and Henry Updegrave. Blockchain Forensics and Crypto-Related Cybercrimes. World Scientific Publishing, forthcoming.
    • SSRN

    About The Author

    Daniel Rabetti

    →More Publications

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    • Commentary: How Financial Influencers Can Make or Break Investment Platforms like Chocolate Finance By: Daniel Rabetti
    • Centralized Governance in Decentralized Organizations By: Lin William Cong, Daniel Rabetti, Charles C.Y. Wang and Yu Yan
    • Code-Washing: Evidence from Open-Source Blockchain Startups By: Ofir Gefen, Daniel Rabetti, Yannan Sun and Che Zhang
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